Thu, Feb 11, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Peak Partners to launch hybrid emerging markets FoFs next month

Thursday, January 13, 2011

Benedicte Gravrand, Opalesque Geneva:

Nikhil Jhangiani, the CIO of Geneva-based investment manager Peak Partners, told Opalesque of the imminent launch of a hybrid fund of funds (FoFs) called Granite Emerging Market Fund of Funds. It will be launched on 1st February with $10m from outside investors.

The fund wants to profit from opportunities in the emerging markets, which have lower debt to GDP than developed economies - hence the former’s huge growth potential while the latter struggle to pay back their debt. Emerging market strategies tend to be more volatile than most, says Peak’s presentation, but when you are able to contain drawdown, you can profit greatly from the “only growth opportunities currently available.”

Indeed, according to an IMF forecast, the world’s ten fastest economies (excluding those with less than 10m inhabitants and Iraq and Afghanistan) between 2011 and 2015 will only be emerging markets: China, India, Ethiopia, Mozambique, Tanzania, Vietnam, Congo, Ghana, Zambia and Nigeria (Source). And finance academic Niall Ferguson reportedly said yesterday that emerging nations are overtaking the West to become the world’s dominant economies in the biggest redistribution of wealth in 500 years. “We are living in a profound global shift," he said.

Peak’s new FoFs will focus on dynamic t......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Opalesque Exclusive: Directors want to be considered trusted partners by new manager[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A hedge fund director provides her perspective on emerging hedge fund managers. She will happily work with those who have set themselves up for future growth, s